Business

Singapore and Sweden Strengthen Ties in Technology and Economic Cooperation

Singapore and Sweden have committed to enhancing their collaboration in advanced technologies and sharing strategies on social cohesion and economic competitiveness. This agreement was announced by Singapore's President Tharman Shanmugaratnam during his state visit to Sweden, marking 60 years of diplomatic relations between the two countries. The nations are set to explore joint ventures in areas such as semiconductors, artificial intelligence, quantum technologies, the Internet...

Singapore and UAE Leaders Discuss Enhanced Business and Investment Opportunities

Singapore Prime Minister Lawrence Wong has emphasized the importance of enhancing business and investment relations with the United Arab Emirates (UAE), pointing out significant opportunities for companies and investors from both nations. During his visit to Abu Dhabi on October 20, Wong engaged with UAE business leaders to discuss potential areas of cooperation. Following a meeting with Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed...

Marcos Jr.’s Approval Steady at 18%, Trust Rating Slightly Increases

Philippine President Ferdinand Marcos Jr.’s approval rating held steady at 18% in the third quarter of 2023, according to a Publicus Asia survey conducted...

Asian Markets Show Mixed Results as Trump Proposes Russian Diesel Deal

Asian stock markets exhibited mixed results on Monday, with Brent crude oil prices remaining above $104 per barrel following U.S. President Donald Trump's announcement...

Diesel Prices Drop as Gasoline and Kerosene Costs Rise in the Philippines

In the Philippines, diesel prices have decreased while gasoline and kerosene have become more expensive as fuel retailers adjusted their rates on Tuesday. Diesel...

Diesel Prices to Drop as Gasoline and Kerosene Costs Increase

Starting Tuesday, October 6, diesel prices are set to decrease by P1.30 per liter, while gasoline and kerosene prices will rise significantly. Gasoline prices...

SoftBank Finalizes $30 Billion Investment in OpenAI

SoftBank Group has finalized a substantial $30 billion investment in OpenAI, marking its full contribution to the artificial intelligence company's latest funding round. This...

Singapore Diesel Prices Climb Sharply, Impacting Transport and Consumer Costs

Diesel prices in Singapore have witnessed a significant surge, raising concerns over potential increases in transportation and logistics costs for businesses and consumers. As...

Oil Prices Surge as US Rejects Iranian Peace Proposal

Oil prices have surged by more than 3% following the rejection of an Iranian peace proposal by US President Donald Trump. This proposal aimed...

Japan, ASEAN Bolster Economic Ties in New Partnership Agreement

Japan and the Association of Southeast Asian Nations (ASEAN) have initiated plans to expand their existing economic partnership agreement, focusing on supply-chain resilience, energy...

Ministers Intensify Efforts to Agree on EU’s 2028–2034 Budget Plan

European Union ministers gathered in Brussels as debates over the bloc's next seven-year budget intensified, with Ireland at the helm of negotiations. The European...

South Korea Boosts Cooperation on Critical Minerals with Central Asia

South Korea has initiated a significant expansion of its cooperation with Central Asian countries to secure critical minerals, following a landmark summit in Seoul....

Malaysia Proposes $100 Million Currency Swap; Maldives Accepts Enthusiastically

Maldives President Mohamed Muizzu has expressed support for Malaysia's consideration of a $100 million currency swap facility, emphasizing its potential to enhance economic ties...

Wall Street Surge and Oil Drop Propel Asian Markets Upward

Asian stock markets experienced widespread gains on Friday, buoyed by a robust rally on Wall Street and a decrease in oil prices. In early...